561 Bridgeway Way Sausalito, CA 94965
- Mixed-use properties
- 5,492 SF
- 0.11 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 561 Bridgeway Way
- Year built
- 1897
- Lot size
- 0.11 lot acres
- Property size
- 5,492 SF
- Property type
- Mixed-use properties
- Property subtype
- Apartment buildings
Description
This exceptional 8-unit mixed-use building at 561 Bridgeway Way, Sausalito, CA 94965, presents a compelling investment opportunity. Boasting 5,492 square feet on a 0.11-acre lot, this historic property, built in 1897, offers a blend of residential and retail space. Currently enjoying 100% occupancy, the building comprises 8 units, with a mix of recently renovated apartments featuring new flooring, bathrooms, kitchens, and appliances. Its prime waterfront location in Sausalito places it amidst popular restaurants and shops, benefiting from high foot traffic and strong year-round tourism. The building's composition is approximately 70% residential and 30% retail, providing a balanced income stream. Situated just minutes from San Francisco across the Golden Gate Bridge, this property benefits from Sausalito's reputation as a world-renowned tourist destination and desirable residential area. The newer roof adds to the property's overall value and reduces immediate maintenance concerns. This is a rare chance to acquire a well-maintained, high-performing multifamily asset in a highly sought-after location. The asking price is $4,925,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sausalito
- County
- Marin
- State
- California
- Longitude
- -122.479
- Latitude
- 37.8535
